Wicked ok thanks. Bit scary that they could be held or take, i assume they have to provide reason and you have “some”’ rights to fight it?
To continue on from CyberOtter’s point, Trocador itself does have “privacy ratings” for each exchange, that go from D (holds all funds that fail Anti Money Laundry checks until KYC is provided) to A (no IP held, no AML procedures). I always select the best rate that has a rating of A even though my coins are completely clean, and I do it all through Tor anyways.
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The exchanges can’t take your coins. How this works is: you voluntarily send them your coins, they thereby gain full control of them (custody), and then you hope that they fullfill their promise to send you back some other coins. There is always the risk they don’t, for whatever reason.
And i wouldn’t count on any “rights” you might think you have with all things concerning crypocurrencies.
In practice, it most likely won’t be an issue, and if there is an issue, you receive a swap number for every trade, which you can then use to contact the respective support teams.
What i’m saying is, just beware of the risks involved.
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Thank you all for your inputs
I am bringing silent payments to electrum, the gold standard Bitcoin wallet.
You can easily generate addresses from a zpub to get reciever privacy
The implementation uses spark which semi-custodial keep that in mind
They are biased towards privacy but imo layer1 Bitcoin tradeoffs security of funds over privacy of funds, I am repeating again please try to objectively and technically think about it, lightning is onion routing i.e the same thing TOR uses I.e. ENCRYPTION
what monero does, is obfuscating the transaction between 16 inputs and outputs, fmcp++ is move towards more but still is obfuscation.
Monero is a flatcoin and imo can not capture the wealth of the individual because hashrates can only be from CPU not ASIC, and I have my worries about centralized hashrate but it is being fixed by braid pool and bitaxe but ASIC chip is still closed source that can also be fixed but you have to find a foundery:
i heard electrum mentioned elsewhere when talking about desktop wallets, it seemed that electrum and feather wallet were the default bitcoin wallets recommended.
Correction it was i think sparrow wallet for bitcoin, maybe feather was for something else (its all been a steep learning curve lol)
Feather is for monero, specter is somewhat outdated